Wednesday, December 30, 2009
The article raises a good question -- if Congress couldn't fix this mess of a law this year, what makes us think they'll get the job done in 2010? Only time will tell.
Tuesday, December 22, 2009
Taxes are a certainty, but how the play out appears not to be. Stay tuned for more updates.
There is yet another wrinkle. When they scheduled the demise of the estate tax for 2009, the authors of the 2001 tax measure replaced it with a capital gains tax of 15 percent on inherited property that is later sold.
The threshold for being subject to those taxes is set lower, with the first $1.3 million in capital gains exempted for general heirs and $3 million for spouses. Democrats argue that thousands of estates that would not have been subject to taxes under the current law could get hit in 2010 even as those at the higher end of inheritance scale escape the 45 percent tax bite.
Thursday, December 10, 2009
Growing old has never been easy. But in isolated, rural spots like this, it is harder still, especially as the battering ram of recession and budget cuts to programs for the elderly sweep through many local and state governments.
Tuesday, December 8, 2009
Still no firm answers on the estate tax, and the clock is ticking.
Tuesday, December 1, 2009
“Giving for 29 days is not suggested as a cure for anything,” Ms. Walker said. “It’s simply a coping mechanism and a simple tool you can use that can help you change your thinking about whatever is going on. If you change your thinking, you change your experience.”The concept and book sound intriguing....I'll have to give the book a read and the concept a try.